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Forex Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

Pakistani Rupee/South African Rand (FOREX:PKRZAR)

Crossroads (-60) - PKRZAR is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid PKRZAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for PKRZAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PKRZAR
Open High Low PKRZAR Price Change
0.06515503 0.06530571 0.06504037 0.06522014 +0.00006500
Entry Signal

MarketClub’s Trade Triangles for PKRZAR

long term up The long-term trend has been UP since Nov 1st, 2024 at 0.06782235

intermediate term down The intermediate-term trend has been DOWN since Nov 5th, 2024 at 0.06249863

short term down The short-term trend has been DOWN since Nov 18th, 2024 at 0.06495539

Smart Scan Analysis for PKRZAR

Based on our trend formula, PKRZAR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for PKRZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06515503 0.06530571 0.06504037 0.06522014 +0.00006500
Prev. Close Volume Bid Ask Time
0.06515503 2024-11-20 03:30:54
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